EUR/USD – 1H – SELL

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

And also a ‘Tweezers Top’ candle pattern is detected. The chart forms ‘Tweezers Top’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

1.18241 – 1.19543 – 1.19741 – 1.17797 – 1.17756 – 1.18394 —
1.18358 – 1.18244 —
59.374350508904 – 51.493754335011 —
– —
1.18241 – 1770109200

Trading Signals: FOREX – EUR – EUR/USD – USD – Tweezers Top – – – – – – – – –